MASSACHUSETTS GAMMA SIGMA ALUMNI ASSOCIATION (EIN 042587334) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1906

Legal Domicile

Principal Officer

KEVIN PRINCE

Phone

9784485734

Tax Period

2023-09-01 to 2024-08-31

MASSACHUSETTS GAMMA SIGMA ALUMNI ASSOCIATION, founded in 1906, is a small nonprofit that reported $152K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $169K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE AN AFFORDABLE LIVING ENVIORNMENT FOR COLLEGE STUDENTS WHO ARE MEMBERS OF ALPHA TAU OMEGA FRATERNITY AT WPI. SAVINGS ARE INVESTED FOR THIS PURPOSE

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $36,458

Program Service Revenue $90,000

Investment Income $21,198

Other Revenue $4,315

TOTAL REVENUE $151,971

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $40,677

Other Expenses $169,207

TOTAL EXPENSES $169,207

Year-over-Year Comparison

	2023	2022	Change
Revenue	$151,971	$165,195	-0.1%
Expenses	$169,207	$140,566	+0.2%
Net Income	$-17,236	$24,629	-1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHANE SAMPSON	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DAVID WELCH	SECRETARY	2.00	Officer Director	$0	$0	$0
KEVIN PRINCE	TREASURER	4.00	Officer Director	$0	$0	$0
GREG KOPWICHUCK	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT BEAN	BOARD MEMBER	1.00	Director	$0	$0	$0
COREY FISCHER	BOARD MEMBER	1.00	Director	$0	$0	$0
EVAN PEREIRA	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTOPHER CAVAGIOLI	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL SHEEHAN	BOARD MEMBER	1.00	Director	$0	$0	$0
DANISHQ BHALLA	BOARD MEMBER	1.00	Director	$0	$0	$0
SERGIO CHERENZIA	BOARD MEMBER	1.00	Director	$0	$0	$0
NICHOLAS TOSI	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHEN GALE	PRESIDENT	4.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$151,971	$169,207	$651,151	$-17,236
2023	$165,195	$140,566	$595,175	$24,629
2022	$405,529	$334,373	$540,385	$71,156

MASSACHUSETTS GAMMA SIGMA ALUMNI ASSOCIATION